Proof-of-Developer (PoD)

CoinGecko | 更新日: Mar 03, 2020
Proof of Developer was a mechanism that was spearhaeded back in 2014 as a means for cryptocurrency and ICO projects to verify that they are actively managed by a developer(s). This concept was created at a time when issues of pump and dump altcoins and ICOs were rampant. Where scammers were reportedly copy pasting codes from existing cryptocurrencies to market and sell for quick profits.

Share this with a friend!

Related Terms

Algorithmic Stablecoin
Algorithmic stablecoins are tokens pegged to a fiat currency which is usually the US dollar, purely through software and specific conditions.
UTC Time
"Universal Time Coordinated", can be used interchangably with Greenwich Mean Time (GMT).
Utility Token
cryptocurrency tokens with specific utilities on a network besides being used as medium of exchange and investment vehicle.
Token
Blockchain based unit of value issued by an organization, which grants token holders a right to participate in a network.
さらに知識を深めるには
Back to Glossary or Subscribe to our newsletter.
coingecko (thumbnail mini)
iOS用CoinGecko
coingecko (thumbnail mini)
Android用CoinGecko